Edmonton, AB T5B0S8 8656 118 Avenue
$595,000



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Presented By: Courtesy of Sergio Maione of RE/MAX Elite.
Home Details
Prime Mixed-Use Building on High-Exposure 118 Avenue! Welcome to 8956 118 Avenue, a fully leased mixed-use commercial/residential property offering exceptional investment value in a high-traffic location. Zoned CB2, this well-maintained building features a popular main-floor family restaurant (1,419 sqft) & two upper-level residential apartments totaling 1,465 sqft. Originally built in 1949, the property has seen several key upgrades over the years, including windows, roof, exterior finishings, and boiler system, providing peace of mind & reduced maintenance. ? Current Gross Income: $5,000/month ? Cap Rate: ~7% ? Pro Forma Available Upon Request. Whether you're looking to expand your investment portfolio or own a piece of 118 Ave with excellent visibility & stable income, this property is a must-see. ? Outstanding exposure with direct access to major corridors and public transit. Don’t miss this rare opportunity to own a versatile revenue-generating property in a rapidly evolving commercial corridor.
Presented By: Courtesy of Sergio Maione of RE/MAX Elite.
Interior Features for 8656 118 Avenue
Other Interior Features
Fireplace Y/NNo
Heating Y/NNo
General for 8656 118 Avenue
CityEdmonton
Construction MaterialsConcrete, Mixed
Garage Y/NNo
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaEastwood
ModificationTimestamp2025-07-17T23:53:59.100Z
OwnershipPrivate
Property TypeCommercial Sale
Standard StatusActive
StatusActive
TypeMulti-Family Commercial
Virtual TourClick here
Year Built1949
ZoningZone 05
Exterior for 8656 118 Avenue
Irrigation Water Rights Y/NNo
Additional Details

Calvin Hexter
Realty Team